I agree on the 3% although the fact that it applies to any company founded over the next 8 years seems a little bit of a stretch. If you meet someone 5 years la

I agree on the 3% although the fact that it applies to any company founded over the next 8 years seems a little bit of a stretch. If you meet someone 5 years later who wants a cofounder, seems like it could be not-insignificant penalty. I would honestly prefer to not take the $5000 if it meant I could get the networking opportunities without the 3% equity. The option is just egregiously not worth it and represents a major liability to anyone looking start a company that needs to raise significant amounts of capital